Word: exoticize
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But as interest rates rose this year, the value of the bonds that Citron had bought began to tumble. To make matters worse, the Orange County portfolio held $8.5 billion of derivatives, including an exotic type called inverse floaters, whose value also plunged as interest rates climbed higher. Yet Citron...
Why so much interest in what is, after all, only a slice of thin air? Because that thin air has been set aside to create "personal communication ! services" that may someday connect everybody to everybody else -- like the phone system does today, but without those constricting telephone wires. Through streams...
Genetically engineered foods can be as exotic as tomatoes with flounder genes, corn with firefly genes or potatoes with wax moth genes.
The exotic nominations are the ideas "that make sense in a strange way," like Jay Schiffman's projection device which allows a driver to watch television while on the road, he said.
The exotic investments strew wreckage across the country